Search Results

You are looking at 1 - 10 of 56 items for :

  • "investment project appraisal" x
Clear All
Ms. Alexandra Tabova and Ms. Carol L Baker
Non-oil growth in the CFA oil exporting countries has been lackluster despite their great natural resource wealth. In this paper we study the key determinants of non-oil growth and explore to what extent these countries differ from countries with comparable levels of development that do not depend on nonrenewable resources. Using a panel of 38 countries comprising LICs and CFA zone oil exporters, we find that while real exchange rate appreciation negatively impacted growth in all countries over the period 1985-2008, what distinguishes the oil producers of the CFA zone is the failure of public and private investment to spur non-oil growth.
Ms. Alexandra Tabova

growth in the three country groups . Turning to investment efficiency, Dabla-Norris and others (2011) constructed an index of the efficiency of the public investment management process for 71 developing countries. The efficiency of public investment is proxied by aggregate indicators of the quality and efficiency of four crucial stages of the investment process: investment project appraisal, selection, implementation, and evaluation. Although the focus of this index is on the quality of the process for managing public investment and the index is not available for

Ms. Maria A Albino, Ms. Svetlana Cerovic, Mr. Francesco Grigoli, Mr. Juan C Flores, Mr. Javier Kapsoli, Mr. Haonan Qu, Mr. Yahia Said, Mr. Bahrom Shukurov, Mr. Martin Sommer, and Mr. SeokHyun Yoon

Component – GCI) 10. Mass Transit Final Cost Estimates 11. Average Cost Overruns 12. Public Investment Management Index by Region 13. Public Investment Management Index Scores by Stage and Region 14. Worldwide Governance Indicators, 2012 15. Norway: Quality Assurance Scheme 16. Norway: Deviation between Final Project Cost and Project Budget 17. Norway: Cost Overruns and Savings by Sector 18. Chile: Public Investment Project Appraisal Cycle TABLES 1. Relative Efficiency Scores by Income Level 2. Public Investment Management Index 3. Main

International Monetary Fund. African Dept.

Task Force (FATF) gray list, and finalization and publication of the Public Investment Project Appraisal User Manual and its accompanying Development Committee guidelines. Recent Economic Developments and Outlook Economic growth is expected to reach 5 percent in 2015/16, supported by ongoing public investment and strengthened private demand. Strong performance in the manufacturing sector has continued while activity in the tourism and telecommunications sectors has rebounded from recent headwinds. In 2016/17, economic growth is expected to increase to 5

International Monetary Fund. African Dept.

2013 Plenary. Joint Management Action Plan Implementation World Bank and IMF Collaboration Title Products Provisional timing of missions Expected delivery date A. Mutual information on relevant work programs World Bank Public finance management technical assistance Investment project appraisal manual, evaluation of agencies, budget management information systems, internal and external audit, debt management (next mission – Dec. 2012) Development policy operation Governance, education and health reform

International Monetary Fund. African Dept.

relevant work programs World Bank Public finance management technical assistance project Investment project appraisal manual, evaluation of agencies, budget management information systems, internal and external audit, debt management Development policy operation Governance, education and health reform, energy sector November 2013 (Board) Energy sector dialogue Senelec performance, investment planning, finances Ongoing Mining sector TA EITI and regulatory framework April 2013 Social protection policy notes Overview of

International Monetary Fund. African Dept.

-Up Report was discussed at GIABA’s May 2012 Plenary. It acknowledged the progress achieved and encouraged Senegal to continue making improvements. At the same time, it was agreed that Senegal will submit its Fifth Follow-Up Report to the May 2013 Plenary. JOINT MANAGEMENT ACTION PLAN IMPLEMENTATION WORLD BANK AND IMF COLLABORATION Title Products Topic Expected delivery date A. Mutual information on relevant work programs World Bank Public finance management technical assistance project Investment project appraisal manual

International Monetary Fund. Middle East and Central Asia Dept.

term fiscal frameworks, and a good budget classification; and (iii) transparent mechanisms for investment project appraisal, selection, and prioritization of investment to ensure resource revenue is used to support long-term economic development. 9 The ongoing revision to the existing IMF Code of Good Practices on Fiscal Transparency (2007) also advocates that published fiscal reports (i) cover a wider range of public sector institutions; (ii) capture a broader range of direct and contingent assets and liabilities; and (iii) take a more rigorous approach to

Ms. Alexandra Tabova and Ms. Carol L Baker

significant difference in the way the real exchange rate is associated with GDP growth in the three country groups . Turning to investment efficiency, in a recent study Dabla-Norris et al. (2011) construct an index of the efficiency of the public investment management process for 71 developing countries. The efficiency of public investment is proxied by aggregate indicators of the quality and efficiency of four crucial stages of the investment process: investment project appraisal, selection, implementation, and evaluation. While the focus of this index is on the